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Phase 2 of the nation's National Solar Mission (NSM) would promote grid-tied solar photovoltaic (PV) and concentrating solar power (CSP) projects by offering Viability Gap Funding (VGF). This would replace the reverse auction mechanism used in phase 1. This information was given by the Union Ministry of New and Renewable Energy (MNRE) recently. The draft of NSM Phase 2 proposed VGF for prom

Phase 2 of the nation's National Solar Mission (NSM) would promote grid-tied solar photovoltaic (PV) and concentrating solar power (CSP) projects by offering Viability Gap Funding (VGF). This would replace the reverse auction mechanism used in phase 1. This information was given by the Union Ministry of New and Renewable Energy (MNRE) recently. The draft of NSM Phase 2 proposed VGF for prom

Infrastructure projects will account for substantial portion of the proposed investments, making EPC sector one of the biggest beneficiaries of the infrastructure boom in India, says AK Purwaha, Chairman and Managing Director, Engineers India Ltd

Power Finance Corporation has reduced its interest rates for renewables projects by 50 basis points, equating to a 0.50 per cent cut. The State lender to electricity utilities claims to have approved Rs 23.13 billion ($430 million) for 611 mw of renewable capacity in the year ending March 2012. According to Bloomberg, the company has lent a total Rs 53.73 billion to wind, solar and hydro projects.

India will respond within 10 days’ time to the United States’ notice challenging India's domestic content requirements for its national solar programme as violation of global trade rules. The US, on February 6 filed an official dispute against India at the WTO claiming that the domestic sourcing rules flouted global trade norms. It has asked for consultations with India on the matter.

Development of infrastructure is vital for the progress of Indian economy. However, a collective support of other sectors is required to achieve its goal. The year just gone was shaded with the dark patches of issues like slowdown and lack of policy initiatives. However, a realistic approach in policy frame work and the revival of the global economy can uplift the sentiments of the industry in the coming years. Arvind Mahajan writes on the performance and outlook of India's infrastructure sector

India’s National Solar Mission aims to increase solar capacity from 250 MW at the end of 2011 to 20 GW of grid-connected solar alone by 2022. The total installed capacity of grid-connected solar power in India is reported to be 503.9 MW so far.

Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.

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kishore tamidela says:

Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.